Daily Archives: November 2, 2013

PRMIA Webinar : FX Risk – Hedging and Accounting, Nov 19, 630pm IST

Presented by: 

David Wilson, Treasury Project Management Expert
Professor Moorad Choudhry, Dept. of Mathematical Sciences Brunel UniversityAndy Stalmanis,  Director of Market & Liquidity Risk, TSB Bank

Moderated by: Alex Voicu, Director of Education, PRMIA
This webinar will be hosted in collaboration with the Association of Corporate Treasurers.
 Tuesday, November 19, 2013 at 9am US Eastern Time/ 2 pm GMT/630pm IST


Registration link : https://www.prmia.org/civicrm/event/register?id=6143&reset=1

In this webinar we will discuss:

  • Effective FX risk hedging framework: components of best practice
  • The optimum hedge structure: which instrument? what tenor?
  • Hedging: removing uncertainty, not speculation
  • Fee: Please enjoy this complimentary webinar.


About the Presenters:

David Wilson, Treasury Project Management Expert
David has been a Corporate Treasurer since 1985, after qualifying as a Chartered Accountant: the MCT qualification followed in 1989. He was with National Power Plc, the electricity generator, as Treasury Manager and Group Treasurer from privatisation in 1990 until its Demerger in 2000. Since then, David has undertaken a variety of interim roles at companies including the London Underground PPP, Invensys, Boots, Cable & Wireless, EMAP, John Lewis and D S Smith.
Professor Moorad Choudhry,Department of Mathematical Sciences, Brunel University
Moorad is Visiting Professor at the Department of Mathematical Sciences, Brunel University and author of The Principles of Banking (John Wiley 2012).
Andy Stalmanis,  Director of Market & Liquidity Risk, TSB Bank

India’s Macroeconomic Woes Are Unlikely To Correct Soon

The past decade has been a watershed for India in three different ways. First, the period before the global financial crisis of 2008-2009 demonstrated that India could grow like the Asian tiger economies at close to 9%. Second, after the crisis, the country proved its resilience, as it bounced back quickly and regained 9% growth by fiscal 2011 (ended March 31, 2011). Third, the current slowdown has exposed India’s vulnerability to slower economic growth and to a fall in foreign inflows if the country fails to improve infrastructure and address governance issues and slackening reforms. Despite its moments of triumph, India’s economic growth in the fiscal 2014 (ending March 2014) will most likely continue to be lackluster. The three most critical challenges facing the country are anemic growth, particularly in the industrial sector, persistent inflation, and high current account and fiscal deficits.

Read more at https://www.globalcreditportal.com/ratingsdirect/renderArticle.do?articleId=1196487&SctArtId=185446&from=CM&nsl_code=LIME